Ratan Tata meets Finance Minister Arun Jaitley in New Delhi
Tata Sons Chairman Ratan Tata comes out of finance ministry after meeting Finance Minister Arun Jaitley
"I am very uncomfortable talking," Tata said, after the 30-minute meeting.
Tata Sons has called for a shareholders' meeting in five firms -- Indian Hotels, Tata Steel, Tata Motors, Tata Chemicals and Tata ...
According to Finance Ministry officials, there is concern in North Block over the ongoing battle for control of Tata group companies between Ratan Tata and ousted Chairman of Tata Sons Cyrus Mistry, who otherwise happens to be chairman and director of several entities.
In a curious turn of events, while independent directors of a host of Tata companies have come out in support of Mistry
The Finance Ministry is keen on protecting the interests of all stakeholders.
Mistry, 48, was removed as chairman of Tata Sons in October with the holding company saying he had lost the confidence of the board due to ...
In Tata Motors, foreign portfolio investors hold 26.11 per cent stake, while insurance companies have 10.36 per cent.
Ratan Tata, who had made room for Mistry four years ago, was reinstated as the chair in an interim capacity. A search is on for a new
In another flagship company of the group, Tata Steel, the foreign funds hold 12.8 per cent, HDFC has 4.65 per cent while insurance companies hold 19.39 per cent.
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